As the best viability consultants on Wellington Street (a very short street in Leicester) we are often asked “where next for viability?” Well now the politicians are getting their yellowed, vote-seeking teeth into it, who knows. Politicians will do anything to get their name in the press. Even if it
Small is beautiful – and you may read nothing into that. While you are thinking about it, allow us to divert you to an unusual opportunity to take a Victorian factory in the South Leicestershire village of Countesthorpe and convert it into five 1 and 2 bedroom apartments. This is
There once was an ugly duckling – the whole of the St George’s area in Leicester now known as the “Cultural Quarter”. Intali was formed fifteen years ago to bring forward regeneration projects. As this then neglected area was right on our doorstep, it was the focus of our attention.
We have acted for City Styles in Leicester for many years. They have run a thriving business from a very ordinary factory on St Nicholas Circle in Leicester since 1988. Recently the area around them has changed. The Leicester Waterside development directly behind their factory has brought massive new residential
Intali is 15 years old today! According to the marketing guru’s, what I am supposed to do is tell you what we’ve achieved, who we’ve worked for, where we’re going and how brilliant we are. But you already know that and it is not the way we do things! So,
Viability is a mess. A hotch-potch of policy, guidance, case law and interpretation. Benchmarks, inputs, outputs and appraisal. Report, submission, review and appeal. Argument, counter-argument and compromise. The purpose is to tax the uplift in value of land when planning permission is granted. A simple tax would do that but
We were looking at a difficult investment for a pension fund client a few weeks ago. Great tenant, good location for the industrial use and a new 10 year unbroken renewal lease. Our “desk-top” due diligence report made a recommendation to submit a bid subject to inspection and the client
The furore over business rates is gathering speed. Today government ministers claimed the “revolt” over business rate revaluations was rooted in “distortions and half-truths”. Sajid Javid called it a relentless campaign of misinformation. Really? Well here is just one example. We look after many properties for investors and that naturally means that
January is when every publication carries its own predictions for their relevant market. The property press is no exception. Although all of the business indicators are positive at present for the end of 2016, the future is deemed to be anywhere from slightly dark to pitch black. The combination of
Private investors should be wary of believing the press when they report on the commercial investment market. Reporting in the national media and property press will generally focus on the “fund” market. Here investment deals transact in the tens of millions of pounds. There is plenty of freely available evidence
